Gobo-Shi Land average value
- Dist. from Sta. 21.0 min walk
- Property area 405.4 sq.m
The average price of a sq.m Land of Wakayama Gobo-Shi, in 2017 was 14,399 JPY/sq.m. The market value represents a decrease of 1,882 JPY (-11.6%) compared to 1 year ago and a transition to a weak market. 6 properties exchanged hands ( The market value represents a decrease of 12 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).
The average size of the real estate was 202.5 sq.m (a -57.3% decrease compared to the 474.2 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving size for a general family households less than 100 sq.m.
Cause of price increases
- A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 11.1% of total transactions in 2016 and 16.7% of total transactions in 2017)
Causes of price decreases
- A dramatic increase in average distance from the station (representing 17.9 min in 2016 and 24.8 min in 2017; +38.4%)
Gobo-Shi Land market value list
|Area||Average Trading Price||Average Unit Price|
|湯川町||18,807,368 JPY||48,264 JPY/sq.m|
|薗||10,512,264 JPY||41,484 JPY/sq.m|
|藤田町||8,430,000 JPY||25,257 JPY/sq.m|
|島||10,950,000 JPY||30,595 JPY/sq.m|
|塩屋町||6,454,444 JPY||22,282 JPY/sq.m|
|野口||6,992,308 JPY||21,652 JPY/sq.m|
|名田町||6,841,667 JPY||20,566 JPY/sq.m|
|熊野||5,440,000 JPY||22,344 JPY/sq.m|
|御坊||3,344,286 JPY||18,083 JPY/sq.m|
|岩内||4,575,000 JPY||11,180 JPY/sq.m|